Asarco

Globex Exploration Update on Virgin Mountain Rare Earth & Beryllium Project, Arizona, USA

Retrieved on: 
Tuesday, February 13, 2024
Thulium, Virginity, Yttrium, GMX, Beryllium, Radioactive decay, Geo, Erbium, Niobium, Density, AAL, Terbium(III) oxide, Gadolinium, Toronto Stock Exchange, ASARCO, Ytterbium, LREE, Silver, Tantalum, Assay, Dysprosium, Wolverine, Terbium, Holmium, Virgin Mountain, Asarco, Chrysoberyl, Uranium, Beryl, Geology, Element, REE, Virgin Mountains, Lutetium, Anomaly, ICP-OES, Rare-earth element

The Virgin Mountain rare earth & beryllium property is located in the Arizona portion of the Virgin Mountain range, about 120 km northeast of Las Vegas, Nevada.

Key Points: 
  • The Virgin Mountain rare earth & beryllium property is located in the Arizona portion of the Virgin Mountain range, about 120 km northeast of Las Vegas, Nevada.
  • Past exploration activities for uranium and later for rare earth elements (REE) initiated in the 1940’s and ended in 1991.
  • In the 1950’s and 1960’s the Virgin Mountains Be-bearing pegmatites had been explored intensely for beryllium, but never came into production.
  • Rare Earth (REE) ± U & Th mineralization is hosted in migmate-gneiss and interlayered thin schist layers, locally also in pegmatite dikes.

Silver Valley Metals Announces Discovery of Mineralized Vein Structures At Surface Extending Crown Point Mine 220 Metres West at the Ranger-Page Project, North Idaho, USA

Retrieved on: 
Wednesday, June 28, 2023
GPS, Zinc, QC, Bunker Hill Mine and Smelting Complex, AAS, Geology, Silver, Lead, Crown, IP, Crown Point (Oregon), Soil, Iron, Mining, Anomaly, Climate, Copper, Coeur d'Alene, Silviculture, Pottery, Asarco

Crown Point mineralization discovered at surface extending historic Crown Point mine 220 meters to the west.

Key Points: 
  • Crown Point mineralization discovered at surface extending historic Crown Point mine 220 meters to the west.
  • Discovery on surface is approximately 75 metres up dip from the depth of the historic Crown Point mine.
  • A strong ground IP anomaly and positive soil geochemistry results from 2022 justified trenching the Crown Point area to expose vein structures at surface.
  • We have a wide east-west zone trending parallel to Crown Point, and we're seeing additional mineralized structures in the hanging wall of the Crown Point fault.

Silver Valley Metals Provides Significant High-Grade Drill Results Below the Page Mine's Historic Resources Expanding Mineralization at Depth

Retrieved on: 
Tuesday, September 20, 2022
United States Geological Survey, Master of Science, Geology, Policy, EPA, Silver, Legislation, Mining, Perception, SME, USGS, Black Hawk, Silver Age Sentinels, Tony, THE, Company, Bremner Historic Mining District, National Instrument 43-101, Potassium, Mexican Plateau, Failure, View, Project, News, SOP, Forward-looking statement, ASARCO, CEO, Area studies, Bunker Hill Mine and Smelting Complex, Sulfate, Board, Mineral, Stochastic empirical loading and dilution model, National instrument, Coeur d'Alene, TSX, NI, Maintenance, Bachelor of Science, LCE, THIS, Zinc, Multimedia, Lithium, Copper, Uranium, Typesetting, Audit, Asarco, Lead, Nicholas Revett, BC

"These results clearly show that the Page Mine has not been exhausted, but rather, indicates it may be getting wider with a longer strike length at depth.

Key Points: 
  • "These results clearly show that the Page Mine has not been exhausted, but rather, indicates it may be getting wider with a longer strike length at depth.
  • Silver Valley is encouraged that, at only 2,644 feet below elevation, there is a long way to go before the Page Mine's depth is defined.
  • The Page Mine has high grade silver-zinc-lead historic reserves and remains wide open at depth beyond what has been defined to date.
  • About Silver Valley Metals Corp.
    We are a group of experienced exploration, mining, and financing specialists focused on the pursuit of mineral discovery and development.

ArcPacific Adds the Rey Lake Porphyry and Skarn To LMSL Copper-Gold-Silver Project

Retrieved on: 
Wednesday, February 23, 2022
Copper Mountain, Associate, ACP, Emaar Properties, South Tyrol Option Agreement, Company, Asarco, Smartville Block, Acquisition, Smart contract, Property, CEO, Soil, New Afton mine, Copper, Security (finance), Uranium, Highland Valley Copper mine, Breccia, BC

We are very pleased with this new acquisition and are excited to commence renewed exploration and drilling this coming field season."

Key Points: 
  • We are very pleased with this new acquisition and are excited to commence renewed exploration and drilling this coming field season."
  • The newly acquired claims adjoin the northeast side of the Company's LMSL project.
  • The copper mineralization that exists on the Rey Lake Property could be related to a possible faulted offset of the same intrusive suite present within the Lucky Mike area of the LMSL project.
  • The Company is also pleased to announce it has significantly expanded the LMSL copper gold silver project.

Gold identified at Waterloo project in continuous near-surface horizon

Retrieved on: 
Tuesday, January 11, 2022
Nature, Asarco, Calico, Langtry, Pan American Silver, Vein, Silver, ASARCO, OTCQB, Mining, GLOBE, Review, Program, Quartz, Apollo, Work, Pan-American, Gold, Printed circuit board, Uranium, Burcham, Gold, Pickaxe

Recently this work has identified a 25 metre (m) thick, gold bearing horizon below silver mineralization.

Key Points: 
  • Recently this work has identified a 25 metre (m) thick, gold bearing horizon below silver mineralization.
  • Gold mineralization at the districts only historic gold producer, the Burcham Mine, occurs along this contact 250 m to the southeast.
  • Apollos Waterloo project hosts the Burcham mine, the only mine in the Calico Mining District known to produce gold as its primary commodity (refer to Figure 1).
  • Table 1: Selection of gold intercepts from historic drilling at the Waterloo project.

World Copper Mine Production Output Is Expected To Increase As New Projects Pick up Steam

Retrieved on: 
Monday, November 22, 2021
Well, ANY, Company, NYSE, News, CAS, TSX, BHP, NEM, Board of directors, Board, Lead, Asarco, Mining, EHM, Stanmore, Securities Exchange Act of 1934, Private Securities Litigation Reform Act, Security (finance), NOT, RMI, Gold, Zinc, Evolution, U.S. Securities and Exchange Commission, Coal, FCX, MEXICO, PALM, Research, FNM, BMC, Sale, Ernest Henry mine, Forward-looking statement, Partnership, AHS, NEWS, AISC, International Copper Study Group, OTCQB, Form 10-K, Free cash flow, FSE, Silver, Growth, Securities Act of 1933, Safety, Industry, RC, Ernest Henry, Program, Annual report, ICSG, Printed circuit board, Lukas Ridgeston, Mitsui, Resource, Share repurchase, NGT, NEVER, Oil

Major projects starting in 2021/2022 and small projects are also expected to come on stream."

Key Points: 
  • Major projects starting in 2021/2022 and small projects are also expected to come on stream."
  • ICSG continued: "Most projects are producing concentrate which should result in sustained growth in world concentrate output.
  • World apparent refined copper usage is expected to remain essentially unchanged in 2021 and to grow by about 2.4% in 2022.
  • However sustained growth in copper demand is expected to resume as copper is essential to economic activity and the modern technological society.

World Copper Mine Production Output Is Expected To Increase As New Projects Pick up Steam

Retrieved on: 
Monday, November 22, 2021
Well, ANY, Company, NYSE, News, CAS, TSX, BHP, NEM, Board of directors, Board, Lead, Asarco, Mining, EHM, Stanmore, Securities Exchange Act of 1934, Private Securities Litigation Reform Act, Security (finance), NOT, RMI, Gold, Zinc, Evolution, U.S. Securities and Exchange Commission, Coal, FCX, MEXICO, PALM, Research, FNM, BMC, Sale, Ernest Henry mine, Forward-looking statement, Partnership, AHS, NEWS, AISC, International Copper Study Group, OTCQB, Form 10-K, Free cash flow, FSE, Silver, Growth, Securities Act of 1933, Safety, Industry, RC, Ernest Henry, Program, Annual report, ICSG, Printed circuit board, Lukas Ridgeston, Mitsui, Resource, Share repurchase, NGT, NEVER, Oil

Major projects starting in 2021/2022 and small projects are also expected to come on stream."

Key Points: 
  • Major projects starting in 2021/2022 and small projects are also expected to come on stream."
  • ICSG continued: "Most projects are producing concentrate which should result in sustained growth in world concentrate output.
  • World apparent refined copper usage is expected to remain essentially unchanged in 2021 and to grow by about 2.4% in 2022.
  • However sustained growth in copper demand is expected to resume as copper is essential to economic activity and the modern technological society.

Elim Mining to Exhibit at the Virtual PDAC and to Host Daily Management Presentations

Retrieved on: 
Friday, March 5, 2021
Mining, Minerals, Natural Resources, Regions of the United States, Asarco, Smelting, States of the United States, United States, Porphyry copper deposit, ARIZONA

Elim Mining is a private company that is building a scalable, multi-phase, multi-billion-pound copper porphyry project on private land in an infrastructure-rich area of Arizona.

Key Points: 
  • Elim Mining is a private company that is building a scalable, multi-phase, multi-billion-pound copper porphyry project on private land in an infrastructure-rich area of Arizona.
  • The Company is initially focused on resource development of the Cactus Mine, which is a re-start of the former Sacaton mine, operated by ASARCO through 1984.
  • The Company holds a 100% ownership interest in both the Cactus and Parks/Salyer Properties, which cover 2,458 acres in Pinal County, Arizona.
  • Elim is managed by mining executives with over 210 years of combined experience in mine operations and business.

Elim Mining Verifies and Releases Historic Assays

Retrieved on: 
Monday, November 30, 2020
Mining, Minerals, Natural Resources, Chemistry, Physical sciences, Natural sciences, Coins, Gold, Metallurgical assay, Metallurgy, Silver, Elim, Asarco

Historic pulp samples submitted for re-assay were supervised by on-site Elim personnel who implemented a full QA/QC program using blanks, standards, and duplicates to monitor analytical accuracy and precision.

Key Points: 
  • Historic pulp samples submitted for re-assay were supervised by on-site Elim personnel who implemented a full QA/QC program using blanks, standards, and duplicates to monitor analytical accuracy and precision.
  • Records discovered on site by Elim personnel showed that ASARCO followed industry best practices of the day for logging, sampling, and assaying of drill core.
  • Elim Mining is a private company that is building a scalable, multi-phase, multi-billion-pound copper porphyry project on private land in Arizona.
  • Elim is managed by mining executives with over 210 years of combined experience in mine operations and business.

NLRB Issues Sweeping Complaint against ASARCO for Unfair Labor Practices that Instigated Strike by 2,000 Union Workers

Retrieved on: 
Tuesday, June 16, 2020
Labor relations, New Deal agencies, National Labor Relations Board, Unfair labor practice, United States labor law, Asarco, Labor, Industrial relations, Business

Almost 2,000 members of eight international unions have been on strike at five copper mining and processing facilities in Arizona and Texas since Oct. 13, 2019.

Key Points: 
  • Almost 2,000 members of eight international unions have been on strike at five copper mining and processing facilities in Arizona and Texas since Oct. 13, 2019.
  • In the complaint, the NLRB outlines ASARCO management's overall failure to bargain in good faith with the unions representing its employees, both before and during the ongoing dispute.
  • The NLRB's complaint asserts that the strikers are unfair labor practice strikers, who are protected against permanent replacement under existing U.S. labor law.
  • USW District 12 Director Gaylan Prescott said that the unions will continue efforts to engage ASARCO management in good faith negotiations.